A registered agent is required when you register your business as an LLC or corporation. Start today for as low as $0 plus state fees. position: initial !important; Build your presence fast, anywhere in the world. Our team is ready to answer your questions. min-width: 90px; word-break: break-word; Get the right guidance with an attorney by your side. } Generally, if you designate a member of your LLC as the LLCs registered agent, the physical address you use for service will be your place of business, as thats where your registered agent is likely to be during regular business hours. MORE: NerdWallet's best accounting software for small businesses, A version of this article was first published on Fundera, a subsidiary of NerdWallet, About the author: Priyanka Prakash is a writer specializing in small-business finance, credit, law and insurance, helping business owners navigate complicated concepts and decisions. Everything will be filed the same day. What is the difference between a mailing address and a physical address? These can include viewing your postal mail online, picking it up directly or having it sent through mail forwarding services. 25% off. The Forbes Advisor editorial team is independent and objective. .cc-fullview-table .fit-table li { Hours Open until 11:59 PM more Phone (302) 318-1300 (302) 318-1300 +1. Theres also a one-day complimentary use of a private office in any location outside of your home city. Meanwhile, your dedicated phone number has unlimited extension numbers and calling minutes. Once your virtual office is registered, you can use the address on documents, emails, business cards, pretty much anything business-related. Similarly, you have complimentary use of a private office or meeting room at your home location for a maximum of eight hours a month. An LLC registered agent is an individual or entity designated byan active company, such as an LLC, C Corp, or any other entity type, to receive service of process notices, government correspondence, and compliance-related documents on behalf of the company. This means a P.O. Alliance Virtual Offices makes it easy to set up an office in top central business districts. The main reason is that my attorney also has her own real estate business, so she understands the details of mine. Rent a conference room or day desk at most locations. A complete guide to what a registered agent does. By having registered addresses in different territories, companies can easily comply with the legislation of that particular country. Must have a physical address in the state of registration. For instance, using a virtual office will allow you to keep your home address private in many circumstances. } So how do we make money? While these requirements are simple, its important to look more closely at who you should designate as your registered agent. Who are virtual offices best for? .cc-fullview-table .fit-table a { There are a few legal requirements for a registered agent: When you form alimited liability company(LLC) or corporation, youre required to list a registered agent. A registered agent and its address is responsible for receiving and forwarding service of process and other legal documents (ie. -webkit-padding-start: 10px; Business Services. Our partners compensate us. The USPS Form 1583 is used to authorize a CMRA to receive mail on the customer's behalf. Heres a step-by-step guide to forming an LLC. // min-width: 80px; . width: 100%; Corporate Business Center, 200 Continental Drive Christiana, Suite 401, Newark, DE 19713, United States. MORE: NerdWallet's best small-business apps. State and federal tax notifications. Registered Agent Address: A virtual office address cannot be used to create a limited liability company rather you use a registered agent address that . If you are frequently traveling, do not work from one location during business hours, run your company remotely or dont want to expose your personal address on public records, you may want to consider hiring a registered agent service. @media only screen and (max-width:1024px) { A registered agent must be a resident of the state in which you registeredyour company or companies are registered. text-align: center !important; In addition to accepting official correspondence, LegalZoom and many other legal services will create a compliance calendar (like the one pictured above) for your business, noting important government deadlines. For $29 a month, our Texas Virtual Office Service provides a professional and reliable Texas address, suite number, secure online account, and a real month to month office lease. He holds a Bachelor of Arts in communications and a Master of Arts in anthropology. One notable feature of this provider is the automated, digital registered agent platform, which monitors and secures Service of Process (SOP), official notifications, and compliance deadlines. Work wherever and however you need to with a Regus Coworking membership. Commissions do not affect our editors' opinions or evaluations. The company's filing status is listed as Active and its File Number is 4543460. width: 100%; @media only screen and (max-width:1024px) { border-left: 1px solid #ddd; .cc-table-desktop tbody tr:nth-of-type(odd) td { The answer is yes. .cc-table-desktop strong.promo-code a{ Find the right location for your business. Annual billing is available, which costs $13.49 per month. } (Source: Servcorp). Sam is an office technology staff writer at Fit Small Business. Past performance is not indicative of future results. Do not sell or share my personal information. Theres an option to get a teammate and pull them into a real-time virtual discussion or knock on a meeting room to join the conference. Youre responsible for keeping your registered agent information up to date with the state. Theres a plan for those who need a professional business address only, and then theres an option for those who only require a dedicated phone number. This could mean that a court could issue a judgment against your company before you have a chance to defend yourself. This location is usually called the registered office. P.O. Annual fees for a registered agent service average between $50 and $300 per year. If you use an individual, they must be a resident of the state of registration. Because these third-party firms are professional registered agents, you have the assurance there will always be someone available during standard business hours to take delivery of notices and other documents on your company's behalf. Facebook These virtual mailboxes are particularly useful, as they are manned by receptionists and staff on hand to handle your mail for you. Hiring a registered agent allows you to maintain a barrier of privacy. In there, you'll see the state resources and . .y-axis-3-table .column-1 img{ When registering a business entity, you'll be. *The contract is for a six-month term, and new clients are charged a one-time fee of $150. This is because doing so can potentially eliminate the liability protection of the LLC. She also has professional experience writing about digital marketing and has produced content for small business digital marketing campaigns in the United States, United Kingdom, Singapore, and the Philippines. A1 Properties Ltd View all (46) properties. In the case of compliance-related government correspondence, failure to respond could result in penalties such as fines and other sanctions. } Registered Agents are not regulated by the State of Delaware. I pay about $100 per year for my attorney to be the registered agent for my business.. In the UK, you will need to ensure your registered address is on the public record at Companies House. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Government can contact you: The government knows how to contact a business thats delinquent on taxes or noncompliant with other laws. } .cc-table-desktop strong.promo-code{ Failing to have an available registered agent could cause the state to suspend your right to operate your business. Our registered agent service includes 5 pieces of mail scanned per year. Companies that provide complimentary use of private offices and meeting rooms earned an advantage. Its monthly plan only costs $29 a month, covering phone services, same-day digital scanning, physical forwarding, and a unique suite number for a professional business address. Our Texas Virtual Office Service also includes Northwest Phone Service and your choice of two mail forwarding options: same . padding-top: 20px; A Non-Objection Certificate (NOC) is required from the legal owner of the property/coworking space, permitting the use of such property as a registered office of a company. not legal advice. It is required when forming any state-registered business entities such as an LLC or Corporation. This feature is especially beneficial if youre still exploring the feasibility of certain locations for your business. (Source: Sococo). Regus lets businesses secure a virtual office with a prestigious business address located in top cities in the U.S. and overseas. You will also want to review IRS, EDD, business license, and your bank's rules on using that address. // min-width: unset; .y-axis-3-table tr.row-5 td, For example, an American business could hire a virtual office abroad, and use that virtual office for GST registration in that territory. The said document must be signed, dated and attached in Form 18. Priyanka Prakash is a writer specializing in small-business finance, credit, law and insurance, helping business owners navigate complicated concepts and decisions. To determine the best among the top virtual office companies, we looked at these criteria points: We considered the monthly cost of virtual office packages of each provider. .cc-fullview-table .fit-table .tbody .tr:nth-of-type(even) .td, text-align: left !important; Always ask your sales representative about local laws and regulations beforepurchasing. A virtual mailbox is the perfect solution for those working from home. As a business owner, you have many options for paying yourself, but each comes with tax implications. Do I need to file a tax return for an LLC with no activity? .cc-fullview-table .fit-table .tbody .tr:nth-of-type(even) .td a, If you work nontraditional hours, dont live or work in a fixed location, are out of the office frequently, have an unpredictable schedule, or arent sure youll always be present in your own location f during the workweek, a registered agent service can be the solution youre looking for. We have a team of specialists available 24/7 to help you find the best solution for your business. Rob is an SMB writer and editor based in New Jersey. Benefits include access to business lounges around the world, staffed telephone services and administrative support, and the ability to keep your work-life balance adaptable. A statutory agent is an individual or business designated by you to receive your business's important notices like: Court summonses and subpoenas. margin: 0 auto; Generally, an individual Texas resident or an organization that is registered or authorized to do business in Texas with a business office at the same address as the entity's registered office may consent to serve as the registered agent. SECOND: Registered office and Registered Agent. In most states, there is a change form (example from Texas shown above) that you can download and fill out online. Domestic LLCs can file online, while most other entity types require a paper form. } Another benefit of having a virtual . What are the features of a virtual office? A reliable registered agent will let you know right away when documents arrive, giving you as much time as possible to respond. Its business address package starts at $129 for a location in New York. } Aberdare Safari Hotels View all (1 . Add local or toll-free phone and fax with Virtual Office plans. A business partner, officer, manager or member of the business. If you use an individual, they must be at least 18 years old. One of my family members living in Arizona is the registered agent for Advancing Science Worldwide. An entity's registered agent is an agent of the entity on whom may be served any process, notice, or demand required or permitted by law to be served on the entity. If you want more than a professional business address, our packages mean you can choose the services you need to get to work. active company, such as an LLC, C Corp, or any other entity type. Aregistered agentis a person or company that is designated to receive legal correspondence on behalf of the companysuch as an LLCand relay important messages to the owner in a timely manner. A virtual office can be used as a registered office address and boasts several advantages for company directors or business owners. At first glance, designating yourself or another member of your active company, such as an LLC, C Corp, or any other entity type,as your registered agent may be a good idea. Give your business the professional address it needs in a premier location, Use the address on your documents and have mail forwarded there, Available at thousands of locations worldwide, A winning combination of virtual office services and workspace access, Includes meeting room use and 5 days office or desk space per month, Plus access to our global business lounge network, DragonPass and PPG partnerships for airport lounge access, Community networking and personal growth events, Professional receptionist to greet guests, Exclusive business service discounts from global suppliers, Daily, weekly, monthly, or ad hoc mail forwarding, Pay-as-you-use or unlimited calls from your business line, Choice of regional or national business phone number, Office or coworking space when you need it. .y-axis-3-table tr.row-14 td, Prices are subject to change and will vary depending on the specifically selected products and services. .cc-fullview-table .fit-table tbody tr:nth-of-type(even) td { In the UK, you will need to ensure your registered address is on the public record at Companies House. .cc-table-desktop tbody tr:nth-of-type(even) td { Any business that is registered with the state needs to appoint a registered agent, also called a statutory agent or resident agent in some states. Can you register a business to a virtual office? To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. } Once you sign up for our affordable services, Davinci will guide you through a quick and simple set up process. Read this comprehensive Davinci Virtual review. In fact, in many cases, it's required by law. Talk to a specialist today. } } If we form your LLC or corporation, your first year of registered agent service is free. .y-axis-3-table tr.row-10 th, .cc-fullview-table .fit-table td, Take advantage of this perk if youre planning to switch to a permanent workplace and set up a physical office. Within the LegalZoom account portal, you can also just download PDF copies of the documents as well. A registered agent service ensures youll never be placed in this position. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Domestic and foreign corporations cost $100 to form or register. You can also use our app to book workspace or a meeting room, quickly and easily. Generally, if you designate a member of your LLC as the LLCs registered agent, the physical address you use for service will be your place of business, as thats where your registered agent is likely to be during regular business hours. You'll likely have to file a form with this updated information for the state's records. Most states require businesses to have a registered agent. Reserving workspaces is easy even while traveling since you can do it via the app. The fee for changing your appointed agent is usually pretty low, $25 to $50 in most states. What are the benefits of a virtual office? Without a registered agent, important correspondence can be lost in the shuffle of your other business mail, causing you to miss deadlines and suffer legal and financial consequences. boxes dont count, so you cant use a UPS Store, for example. That's my promise to you and I hope to earn your business. Twitter A Regus Coworking Membership includes: Non-reserved desk in a coworking area for you and one . They provide you with a real place for letters and parcels to be received, remotely. Registered Agent representation for Law Firms, Tax Firms, and in-house legal teams at multi-state / multi-company organizations? Manage all of your workspace and business needs. Authorities like Companies House and HMRC can use this as your official business address to send you correspondence. For additional info, check out our guide to whyyou need a registered agent. With our virtual office packages, you register your business at one of our workspaces and your company benefits from having a prestigious address in a leading location. } Are you sure you want to rest your choices? font-weight: 700; If other businesses in our industry can't commit to the following standards that we uphold, frankly, they don't deserve your business. If you want to expand your company to another state, youll need a registered agent that lives in that state or is authorized to do business there. There are multiple benefits to using one of these services, as opposed to appointing yourself or someone else within the company. Below you will find a . } In this article, we evaluated the best virtual office companies and determined how each of them fits specific business needs. }, Mail receipt, pick-up, and forwarding, VoIP phone system, and live receptionist. 4min read. padding-top: 5px; Or choose multiple business addresses and expand your global presence. For example, in Virginia, only licensed attorneys or officers or members of the business can serve as registered agents. Rick VanderKnyff leads the team responsible for expanding NerdWallet content to additional topics within personal finance. If you're not your own Registered Agent, then you SHOULD NOT USE the Registered Address as your company's business address. A registered agent service can be a good solution. With our phone answering service, our professional receptionists will answer your calls in your company name. Manage all of your workspace and business needs. Not having a registered agent could result in the state suspending your companys right to conduct business. width: 30%; While it may sound online-only, virtual mailboxes and virtual office addresses are physical addresses and valid postal addresses. A registered agent must also have a physical address to deliver documents. Other considerations? * All prices shown are valid at the time of inquiry, based on 24-month contracts. Nearly one-third of small-business owners work more than 50 hours per week. a "statutory agent"). .y-axis-3-table tr.row-6 td, font-size: 14px; .y-axis-3-table tr.row-1 th { Register to get a virtual business address. Here is a list of our partners. And if youre not aware youre being sued, you wont respond promptly, nor are you likely to appear at the court proceedings, and a default judgment could be issued against you. text-decoration: none !important; But what is a registered agent? (Source: Alliance Virtual Offices). Answer (1 of 3): Virtual Office To Open A Bank Account You need two different addresses to open an L.L.C and Bank Account in the United States.